Rich investors are more confident about the investment outlook for the upcoming year than they were last year, according to a new survey from deVere Group, the world's largest independent international financial consultancy.
It found that 57 percent of respondents are bullish on the investment outlook for the next 12 months, compared to 53 percent in 2013. Seventy-seven percent of respondents now feel committed to investing more over the next 12 months, the survey showed.
The firm polled 756 of its clients with investment assets of more than $1.5 million in the U.S., Britain, Asia, the United Arab Emirates and South Africa.
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"Overall the world looks a safer, more normal place now for high-net worth investors than it did this time last year," Tom Elliot, the deVere Group's international investment strategist, said in a statement.
DeVere Group CEO Nigel Green believes the increasing optimism is due to the U.S. economy's strong performance in spite of the Federal Reserve's tapering of its asset-buying program and the U.K.'s potential for reaching 3 percent GDP growth this year, among other factors.
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